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20131202
20131210
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law. this time the pep rally had no pep. a new report says about a third of all the obama care enrollees may not be enrolled. that's the reported failure rate on the so-called back end information that is sent to insurance companies. in other words, thousands of the nation's fast food workers are set to strike tomorrow. they want a $15 minute wage but don't they know that would essentially kill theiras the move to automation moves ahead. which country is the most charitable? it's the good old usa and thanks to free market capitalism. i will explain all those stories and much more coming up on the kudlow report beginning right now. >>> good evening, everyone, i'm larry kudlow. this is "the kudlow report". we're here live 7:00 p.m. eastern, 4:00 p.m. pacific. it's getting harder and harder for grab to put a happy face on obama care. new problems keep popping up every day. maybe that's why the president seemed so subdued at an even if meant to rally the troops. eamon javers has all the details. >> reporter: good evening. it was billed as a speech beginning a three week push here b
the taxpayer have to bail them out? >> insurance is about the law of large numbers. you have to spread risk over space and time. and what's happening here is so few people are enrolling right now you can't spread that risk and if the young people do not enroll, it doesn't work with the cost. so that's the real issue here. >> hadley, you know, let's not forget also that this is not the only payment from the federal government. right? there's subsidies to make it more attractive to buy these insurance packages. okay. and those subsidies run through the insurance companies. so they're going to get a little vigorous out of this before it's said and done. why are we singling out and helping so much this industry? >> you know, it's interesting. president obama was against the individual mandate before he was for it. >> right. >> many supporters of the affordable care act thought of insurance companies as the big bad villains in our health system before they're now in favor of supporting them or propping them up through these risk corridor payments and the subsidies in the exchanges. it's an inter
cancer patients, may be worse off because of the new law. >>> and sticker shock. deductibles are skyrocketing and that means huge out-of-pocket posts. and then get this -- 70% of doctors in california won't play in obama care. >>> also tonight, very senior, highly placed republican house source in washington, d.c. tells me the budget deal is close but the sequester will not survive intact and there will be a revenue package. >>> and finally, the fight for economic freedom gets even more intense overseas. look at this statue of linen toppled. this fight is not going away. all those stories and much more coming up on "the kudlow report" beginning right now. >>> i'm larry kudlow. this is "the kudlow report." first up tonight, a report that a majority of california doctors, as many as 70%, are staying off the state's obama care exchange because they can't afford to participate. that simple. and obama care, listen to this, it's offering medicaid reimbursement rates. look, around the country a medicare pays $76 for a return patient visit. that's medicare around the country. in cali
another raft of new problems with the health care law to report today. that includes what looks a bit like a bailout for the insurance companies. i don't like that if it's true. crony capitalism is not good. we'll look at it later on in the show. for now, please don't forget, free market capitalism is the best path to prosperity. just get rid of the tax and regulatory barriers to growth and we'll be all better off. "the kudlow report" is coming right back. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease the 2014 e350 for $579 a month easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. my uncle wanted to say thanks for idea hub. he loves how he can click on it and get sp
? >> reporter: the grace period is defined in the law in the beginning as you've pointed out, that the fine is so small for basically defying the obama care law, at least in year number one for most of these lower income mostly young people, that that's their disincentive. the argument is not, you better sign up because you have to pay this big fine. it's, you better sign up because now you can get coverage because you run your motorcycle off the road because you don't think you're going to get sick. but young people are looking at this -- insurance companies will tell you that you can't be the brunt of late-night talk show humor, meaning obama care, and also have the people who watch those shows say, boy, i better hurry and sign up. we have no idea now. and the trends aren't good. >> thanks very much, steve. we appreciate it. the question is, will the back-end insurance errors derail the small amount of enrollments that have been completed? paul, front end, are you satisfied with what happened in the front end? before i get to the back end, front end, november, where are you on this? >> th
they think about free market capitalism? we'll be right back. >>> so this law is already making a difference for millions of young people and it's about to help millions more. about half a million people across the country already are poised to gain coverage on january 1st. some for the very first time. >> all right. welcome back to "the kudlow report." that, of course, president obama on his obama care marketing blitz, leading up to the fast approaching december 23rd sign-up deadline. now that's a mere 18 days away. now, here's the fact. enrollment needs to double by december 23rd, just to hit obama's half million mark. and another fact, to date, it is estimated that some four to five million americans have had their current health care policies canceled. a lot more folks will have lost health insurance than have gained it under obama care. that looks like the forecast. anyway, let's talk. we have democratic strategist steve mcmahon and emily miller, "washington times" opinion page senior editor. emily, go to you first. welcome. thank you for coming on the show. by the time we get to that w
Search Results 0 to 5 of about 6